A volatile month for the mining sector. After opening strong, Barrick, Teck, HudBay, and Agnico all hit lows on March 20th before rallying late.
Barrick: Opened $69.17 → Low $50.96 → Closed $56.85
Teck: Opened $78.49 → Low $62.24 → Closed $71.74
HudBay: Opened $36.56 → Low $24.75 → Closed $29.13
Agnico: Opened $344.78 → Low $248.30 → Closed $282.37
More details here.
Looking to the companies that keep the mines running, let’s take a glance at the heavy equipment dealers. We tracked Finning and Toromont through March 2026, capturing their closing prices weekdays at 4 p.m. ET in Canadian dollars. It wasn’t the smoothest month for either stock, with both seeing distinct downward pressure as the weeks wore on.
Finning came out of the gate strong on March 2nd, opening at $97.96. That turned out to be the high point for the entire month. From there, the price began a fairly consistent slide. By mid-month, it had dipped into the high $80s. The real drop came later, though. On March 20th, Finning hit its monthly low of $80.65. There was a bit of a bounce in the final days, but the stock ultimately closed March at $86.08.
Toromont followed a similar path. It started the month at $213.79 on the 2nd. The first week saw a decline, pushing the price below the $200 mark by the 6th. It tried to steady itself around the $200 level mid-month—touching $201.79 on the 11th—but couldn’t hold it. The slide resumed, and Toromont hit its low of $189.96 on the 30th. A final-day rally brought it back up slightly, closing the month at $194.76.
That’s the picture for the mining support sector in March. Both dealers saw their best prices at the start of the month and their worst near the end. For the full set of daily closing figures, check out the raw data post for March.
March 2026 was certainly a volatile month for the mining sector. We track four major players—Barrick, Teck, HudBay, and Agnico—capture their closing prices weekdays at 4 p.m. ET in Canadian dollars. Let’s just say those weeks were a bit of a rollercoaster, with a pronounced dip in the middle of the month followed by a late recovery.
Barrick opened the month strong at $69.17 on March 2nd. However, the first three weeks saw a steady erosion in price. The stock tumbled significantly mid-month, hitting a low of $50.96 on March 20th. That was a rough patch. But the final week brought some relief, with the price bouncing back to close the month at $56.85 on the 31st.
Teck followed a similar trajectory. It started March at $78.49 but faced headwinds early on. The slide continued through the middle of the month, with the share price bottoming out at $62.24 on March 20th. Like its peers, Teck managed to recover some ground in the final stretch, ending the month at $71.74.
HudBay saw some of the sharpest swings relative to its price. Opening at $36.56, the stock drifted downward for most of the month. The low point came on March 20th, when shares touched $24.75. The rebound was spirited, though. By March 31st, HudBay had climbed back to $29.13.
Agnico Eagle, trading at a higher price point, mirrored the sector’s volatility. It began the month at $344.78. The selling pressure was evident, pushing the stock down to a monthly low of $248.30 on the 20th. That’s a significant drop. However, buyers stepped back in late in the month, lifting the price to $282.37 by the closing bell on the 31st.
That wraps up the mining stock activity for March. It was a month defined by a broad mid-month sell-off and a subsequent rally. If you want to dig into the specific daily closing figures, head over to the full raw data post for March.